Gold-Forth Limited, Stallion Group sign MoU to supply paddy rice

GOLD-Forth Limited and Farms and Mills Limited which is the rice milling arm of Stallion Group have signed a Memorandum of Understanding on the supply of paddy rice.

The MoU signing which took place in Kano is to promote mutually beneficial cooperation between the two parties.

Stallion Group is a major player in the rice value chain while Gold-ForthLimited through its Gold-Forth Farmers Network (GFFN), plays a critical role as an aggregator and distributor of agricultural commodities, especially paddy rice and soyabeans.

ALSO READ: Ekiti 2018: NLC gives condition to support governorship candidates

In his remarks, the MD/CEO of Gold-Forth Limited Limited, Mr. Dare Nana who expressed his excitement at the MoU, noted that the whole idea of the MoU was birthed at the High-levelRice Conference organised by a renown agriculture firm, AgroNigeria early this year.

“I met Mr. Amit Rai Stallion General Manager at the Conference organised by AgroNigeria and followed up with him since then. This is the result,” Mr. Nana said.

GOLD-FORTH LIMITED is an agro Commodity trading company focused on aggregating commodities from several small holder farmers, performing basic value adding activities such as drying, sorting, cleaning and bagging, supplying to wholesale buyers and processors locally and internationally.